Want to know why USDCHF is going downwards today?

Based on the last 12 GDP Growth Rate QoQ events in Switzerland, we expect a $473.778 movement on USDCHF within 12 hours following the event release at 27 Aug 15:45. We expect USDCHF to trend downwards 12 hours following the event release at 27 Aug 15:45 if the released value is > -8.6%

Historical events that allowed us to draw this conclusion

03 Mar 17:45
28 Nov 17:45
06 Sep 15:45
31 May 15:45
30 Nov 17:45

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).